Andra AP fonden lowered its stake in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 26.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,020 shares of the specialty chemicals company’s stock after selling 21,480 shares during the quarter. Andra AP fonden’s holdings in Sherwin-Williams were worth $19,772,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Ares Financial Consulting LLC acquired a new position in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Lloyd Advisory Services LLC. bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at $27,000. Lodestone Wealth Management LLC bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at $31,000. Rossby Financial LCC increased its position in shares of Sherwin-Williams by 96.0% in the 3rd quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock valued at $33,000 after buying an additional 48 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in shares of Sherwin-Williams in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 77.67% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on SHW shares. Mizuho lowered their price objective on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Evercore restated an “outperform” rating on shares of Sherwin-Williams in a research report on Friday, May 8th. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Bank of America lowered their price objective on shares of Sherwin-Williams from $370.00 to $365.00 and set a “neutral” rating for the company in a research report on Tuesday, April 21st. Finally, Weiss Ratings cut shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $366.77.
Sherwin-Williams Price Performance
SHW stock opened at $316.79 on Friday. The stock has a 50-day moving average price of $317.31 and a two-hundred day moving average price of $332.21. The stock has a market cap of $78.13 billion, a PE ratio of 30.40, a price-to-earnings-growth ratio of 2.62 and a beta of 1.12. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 1 year low of $289.86 and a 1 year high of $379.65.
Sherwin-Williams (NYSE:SHW – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.08. The company had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.56 billion. Sherwin-Williams had a return on equity of 64.55% and a net margin of 10.86%.Sherwin-Williams’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.25 EPS. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. Equities analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current fiscal year.
Sherwin-Williams Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.
Sherwin-Williams Company Profile
Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.
The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.
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